Hospice News
FEBRUARY 21, 2023
VitalCaring Group CEO April Anthony has a track record of building home-based care powerhouses, making her newest venture a company to watch as its emerging brand comes together. More transactions followed, with an emphasis on home health. In 1999, she also established and led the health care tech firm Homecare Homebase.
Hospice News
MAY 10, 2023
As Addus HomeCare Corporation (NASDAQ: ADUS) sinks teeth into acquisitions, the company will be taking smaller bites when it comes to hospice deals. Addus has indicated for roughly the last year that it will orient its M&A strategy towards its home health and personal care services, with hospice becoming less of a priority.
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Hospice News
MAY 17, 2022
These intensified in late 2021 and the first quarter of this year as the Omicron COVID variant pushed more of their staff into quarantine. . Aveanna was no exception, in January and February the company had as many as 3,000 staff quarantined, up from a range of 200 to 300 in late December 2021, according to Strange. .
Hospice News
SEPTEMBER 19, 2022
These factors are among the main drivers of the surge in non-medical home care M&A. These businesses accounted for 48% of all home-based care transactions during the first two quarters of 2022, up from 42% during the last half of 2021, according to Mertz Taggart. Hospice market to stay mighty.
Hospice News
AUGUST 29, 2022
Disruption in home health reimbursement has an influence on the hospice mergers and acquisitions market, particularly among the rising number of companies offering both services. This disruption contributed to soaring deal volume in the hospice space from 2019 through 2021, which reached record highs.
Hospice News
NOVEMBER 1, 2022
Addus HomeCare Corporation’s (NASDAQ: ADUS) is shifting its M&A strategy away from hospice deals to focus on its home health and personal care businesses. Texas-based Addus provides personal, home health and hospice care across 207 locations in 22 states, reaching roughly 46,500 patients annually.
Hospice News
OCTOBER 5, 2022
Addus HomeCare Corporation (NASDAQ: ADUS) has acquired Chicago-based Apple Home Healthcare, Ltd., The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. The previous year Addus bought Chicago-based Summit Home Health for an undisclosed amount.
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